A United States Intergovmt revenue From Federal govmt From State govmt From Local govmt Texas Intergovmt revenue From Federal govmt From State govmt From Local govmt B State & local govmt 711,477,275 711,477,275 State & local govmt 0 45,874,167 45,874,167 0 0 State & local govmt CV State & local govmt CV 0 0 0 0 0 0 0 0 State govmt 659,496,393 642,762,394 0 16,733,999 State govmt 44,680,120 41,962,867 0 2,717,253 E Local govmt 604,662,735 68,714,881 535,947,854 Local govmt 36,151,532 3,911,300 32,240,232 0 F Local govmt CV Local govmt CV 0 OOO 0 0 O 0 OOOO 0 0

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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What is the significance of these two tables? Can you explain to me what these numbers mean in relation to one another, and why they might be important? Thank you! 

 
United States
Intergovmt revenue
From Federal govmt
From State govmt
From Local govmt
Texas
Intergovmt revenue
From Federal govmt
From State govmt
From Local govmt
B
State & local govmt
711,477,275
711,477,275
0
0
State & local govmt CV
State & local govmt ✓ State & local govmt CV
45,874,167
45,874,167
0
0
0
0
0
0
State govmt
0
659,496,393
642,762,394
✓ State govmt
0
0
0
16,733,999
44,680,120
41,962,867
0
2,717,253
E
Local govmt
F
✓Local govmt CV
604,662,735
68,714,881
535,947,854
Local govmt
0
36,151,532
3,911,300
32,240,232
0
Local govmt CV
0
O
OOO
Transcribed Image Text:United States Intergovmt revenue From Federal govmt From State govmt From Local govmt Texas Intergovmt revenue From Federal govmt From State govmt From Local govmt B State & local govmt 711,477,275 711,477,275 0 0 State & local govmt CV State & local govmt ✓ State & local govmt CV 45,874,167 45,874,167 0 0 0 0 0 0 State govmt 0 659,496,393 642,762,394 ✓ State govmt 0 0 0 16,733,999 44,680,120 41,962,867 0 2,717,253 E Local govmt F ✓Local govmt CV 604,662,735 68,714,881 535,947,854 Local govmt 0 36,151,532 3,911,300 32,240,232 0 Local govmt CV 0 O OOO
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